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Real Estate: The office market falls by 36 pct, to 300,000 square meters

Last year, the Romanian office market fell by 36% from a record 470,000 square meters in 2019 to 300,000 square meters, real estate consulting company JLL Romania announced on Tuesday.According to the quoted source, the areas include transactions carried out through agents and those concluded directly between the landlords and tenants."Nearly 120,000 square meters of office space representing new demand means that offices have been rented for at least ...

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